Apartment Income REIT Statistics
Total Valuation
AIRC has a market cap or net worth of $5.58 billion. The enterprise value is $8.67 billion.
| Market Cap | 5.58B |
| Enterprise Value | 8.67B |
Important Dates
The next estimated earnings date is Tuesday, May 7, 2024, after market close.
| Earnings Date | May 7, 2024 |
| Ex-Dividend Date | Feb 15, 2024 |
Share Statistics
AIRC has 145.10 million shares outstanding. The number of shares has decreased by -4.07% in one year.
| Shares Outstanding | 145.10M |
| Shares Change (YoY) | -4.07% |
| Shares Change (QoQ) | -0.83% |
| Owned by Insiders (%) | 0.61% |
| Owned by Institutions (%) | 102.60% |
| Float | 143.98M |
Valuation Ratios
The trailing PE ratio is 9.01 and the forward PE ratio is 433.51. AIRC's PEG ratio is 839.32.
| PE Ratio | 9.01 |
| Forward PE | 433.51 |
| PS Ratio | 6.81 |
| Forward PS | 6.85 |
| PB Ratio | 2.37 |
| P/FCF Ratio | n/a |
| PEG Ratio | 839.32 |
Enterprise Valuation
| EV / Earnings | 13.67 |
| EV / Sales | 10.58 |
| EV / EBITDA | 7.82 |
| EV / EBIT | 11.31 |
| EV / FCF | n/a |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 1.37 |
| Debt / EBITDA | 2.89 |
| Debt / FCF | n/a |
| Interest Coverage | 5.92 |
Financial Efficiency
Return on equity (ROE) is 28.50% and return on invested capital (ROIC) is 2.69%.
| Return on Equity (ROE) | 28.50% |
| Return on Assets (ROA) | 9.90% |
| Return on Capital (ROIC) | 2.69% |
| Revenue Per Employee | $1.08M |
| Profits Per Employee | $834,795 |
| Employee Count | 760 |
| Asset Turnover | 0.13 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, AIRC has paid $2.43 million in taxes.
| Income Tax | 2.43M |
| Effective Tax Rate | 0.38% |
Stock Price Statistics
The stock price has increased by +8.75% in the last 52 weeks. The beta is 0.90, so AIRC's price volatility has been similar to the market average.
| Beta (1Y) | 0.90 |
| 52-Week Price Change | +8.75% |
| 50-Day Moving Average | 33.22 |
| 200-Day Moving Average | 32.84 |
| Relative Strength Index (RSI) | 78.92 |
| Average Volume (30 Days) | 2,583,498 |
Short Selling Information
The latest short interest is 2.44 million, so 1.68% of the outstanding shares have been sold short.
| Short Interest | 2.44M |
| Short Previous Month | 2.25M |
| Short % of Shares Out | 1.68% |
| Short % of Float | 1.69% |
| Short Ratio (days to cover) | 2.02 |
Income Statement
In the last 12 months, AIRC had revenue of $820.04 million and earned $634.44 million in profits. Earnings per share was $4.27.
| Revenue | 820.04M |
| Gross Profit | 544.20M |
| Operating Income | 150.23M |
| Pretax Income | 637.53M |
| Net Income | 634.44M |
| EBITDA | 1.11B |
| EBIT | 767.18M |
| Earnings Per Share (EPS) | $4.27 |
Balance Sheet
The company has $117.49 million in cash and $3.21 billion in debt, giving a net cash position of -$3.09 billion or -$21.31 per share.
| Cash & Cash Equivalents | 117.49M |
| Total Debt | 3.21B |
| Net Cash | -3.09B |
| Net Cash Per Share | -$21.31 |
| Equity / Book Value | 2.35B |
| Book Value Per Share | 16.21 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $370.40 million and capital expenditures -$536.15 million, giving a free cash flow of -$165.75 million.
| Operating Cash Flow | 370.40M |
| Capital Expenditures | -536.15M |
| Free Cash Flow | -165.75M |
| FCF Per Share | -$1.12 |
Margins
Gross margin is 66.36%, with operating and profit margins of 18.32% and 77.37%.
| Gross Margin | 66.36% |
| Operating Margin | 18.32% |
| Pretax Margin | 77.74% |
| Profit Margin | 77.37% |
| EBITDA Margin | 135.33% |
| EBIT Margin | 93.55% |
| FCF Margin | -20.21% |
Dividends & Yields
This stock pays an annual dividend of $1.80, which amounts to a dividend yield of 4.68%.
| Dividend Per Share | $1.80 |
| Dividend Yield | 4.68% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 42.15% |
| Buyback Yield | 4.07% |
| Shareholder Yield | 8.75% |
| Earnings Yield | 11.37% |
| FCF Yield | -2.97% |
Analyst Forecast
The average price target for AIRC is $37.02, which is -3.77% lower than the current price. The consensus rating is "Hold".
| Price Target | $37.02 |
| Price Target Difference | -3.77% |
| Analyst Consensus | Hold |
| Analyst Count | 10 |
| Revenue Growth Forecast (5Y) | 5.04% |
| EPS Growth Forecast (5Y) | -38.22% |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | Dec 1, 2020 |
| Split Type | n/a |
| Split Ratio | 1:1 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 6 |